TDR Capital

TDR Capital is a British private equity firm headquartered in London.

TDR Capital
Private
Founded2002
FounderManjit Dale
Stephen Robertson
Headquarters
London, W1
United Kingdom
SubsidiariesAlgeco Scotsman
David Lloyd Leisure
EFR Group
Hurtigruten
Keepmoat
IMO Car Wash Group
Retirement Advantage
MCS Group
Stonegate Pub Company
Ving Group (20%)
Websitewww.tdrcapital.com

History

TDR Capital was co-founded in 2002 by Manjit Dale and Stephen Robertson.[1][2] It is located on Bentinck Street in Marylebone, central London.[1][2]

In 2006, it was a large shareholder of the Gondola Group, which owned PizzaExpress.[3]

In September 2013, TDR acquired the David Lloyd Leisure fitness chain for £750 million.[4]

In 2014 they acquired 85% of the developers Keepmoat. The remaining 15% was acquired by Sun Capital Partners (UK).[5]

In March 2015, it negotiated to acquire LeasePlan.[6] In October 2015, they acquired a stake in Euro Garages.[7]

As of 2015, it has over £4.8 billion (€8 billion) in committed capital.[1]

References

  1. "TDR". TDR. Retrieved 14 August 2015.
  2. Company Overview of TDR Capital LLP, Bloomberg Business
  3. Peter Smith, Private equity dipping into own cash, Financial Times, 25 September 2006
  4. Monaghan, Angela (5 September 2013). "David Lloyd Leisure fitness chain to be bought by TDR Capital for £750m". The Guardian. Retrieved 14 August 2015.
  5. Blackman, David (2017). "Moody's puts Keepmoat under rating review". Social Housing (17 Mar 2017). Retrieved 29 October 2017.
  6. Eyk Henning, TDR Capital-Led Consortium to Buy LeasePlan for Over $3.2 Billion, The Wall Street Journal, 11 March 2015
  7. Begum, Shelina (20 October 2015). "TDR Capital takes a bite into Euro Garages for £1.3bn". Manchester Evening News. Retrieved 7 May 2017.

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